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- ZEW Indicator of economic sentiment for Germany increase in April
ZEW Indicator of economic sentiment for Germany increase in April
The ZEW Indicator of Economic Sentiment for Germany recorded an increase of 6.7 points in April 2019, with the corresponding indicator entering positive territory at 3.1 points. Although the indicator still remains below the long-term average of 22.2 points, economic expectations have recovered significantly from its low point in October 2018, having climbed almost 28 points since. Over the same period, however, the assessment of the economic situation in Germany has deteriorated considerably. The corresponding indicator saw yet another decrease in April and currently stands at 5.5 points, 5.6 points lower than in the previous month.
Financial market experts’ sentiment concerning the economic development of the eurozone has also improved once again, with the corresponding indicator climbing 7.0 points to a current level of 4.5 points compared to the previous month. By contrast, the assessment of the current economic situation in the eurozone saw a further decrease, falling by 6.6 points to a current level of minus 13.2 points compared to March.
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